Enthusiasts Dare Elon Musk To Prove Bitcoin Is Bad For Environment Following Gas Pipeline Blaze In Gulf Of Mexico
A fire erupted on the surface of the Gulf of Mexico on Friday after a gas leak from an undersea pipeline, reports said. Videos of bright orange flames spewing out of the ocean like an apocalyptic mov... Read More
Bitcoin21/06/21 20:46 by Olivia Brooke
As âDeath Crossâ Comes For Bitcoin, Crypto Market Pundit Reveals What To Expect In The Coming Months
The pullback from Chinese regulators to Bitcoin miners in the country has greatly affected the market. Bitcoin and other altcoins have so far recorded as much as 50% in losses and the market is antic... Read More
Altcoins12/06/21 23:31 by David Kariuki
Jack Dorsey Not Having It With Sen. Elizabeth Warrenâs Negative Comment On Bitcoin
The debate on Bitcoinâs mining energy consumption doesnât seem to be ending any time soon.
Elizabeth Warren, the Massachusetts US senator has joined the conversation, saying that one of the ... Read More
Mining29/04/21 21:43 by Brenda Ngari
Bitcoin Outflows From Miner Wallets Plummet To A Multi-Month Low â And Thatâs Crazy Bullish
Bitcoin miners mostly operate with fiat money and are repetitive sellers in the market, liquidating a portion of their stash to finance their daily operational expenses such as electricity costs.&nbs... Read More
Mining22/04/21 00:01 by anifowosheibrahim
Decline In Bitcoin Hashrate Causes Miners To Earn $16.7 million In 24 Hours
On April 15, a widespread power outage in North China led to a sharp decline in the Bitcoin hash rate. Because major mining farms are located in China, there was a 20% corresponding decline in hash ra... Read More
Mining18/03/21 11:23 by Adrian Klent
Bitcoin Miners Record A Whopping $52.3 Million In Daily Profit
Mining Bitcoin is becoming a highly profitable business for those skilled in the activity. Data published by Glassnode is shedding light on the booming industry of Bitcoin mining. In its weekly on-ch... Read More
Mining02/03/21 02:00 by Tony Spilotro
Bullish Bitcoin Miners Cease Selling For The First Time Since 2020
Data shows that Bitcoin miners have ceased taking profit and have started to once again hoard BTC for the first time since mid-to-late December 2020.
What’s notable about this, is the fact that ... Read More
Mining12/02/21 14:09 by Erie Maxwell
Hourly Bitcoin Miners Revenue Hits Record Peak
Mining is the backbone of the bitcoin industry as it is the means by which new coins are created and through which transactions across the blockchain network are validated. For all the work they do a... Read More
Mining24/06/20 22:00 by Tony Spilotro
Bitcoin Miners Sell Down Latest Rally, What Happened To Post-Halving Hold?
Less than 48 hours ago, Bitcoin price was trading at over $9,700. Today, it hit under $9,200 at the low on Coinbase.
Data shows that the selloff was preceded by a massive outflow from miners to crypto... Read More
Mining06/06/20 15:33 by Brenda Ngari
Struggling Miners Have Little Bitcoin Left To Sell And Its Bullish, Says Top Investor
Nearly one month ago, bitcoin underwent block reward halving. Yet, nothing much has changed since then as the price is yet to stage a full-scale bull run. In fact, bitcoin has been trading sideways e... Read More
Mining16/04/20 13:36 by Edwin Kinoti
Bitcoin Miners Accumulating Coins in Prospect of a Rapid Upturn
Bitcoin miners are controlling the supply of Bitcoin in the lead up to the halving event set to occur within a monthâs time. The miners appear to be storing a substantial amount of their rewards ra... Read More
Mining12/04/20 11:51 by Steve Muchoki
Hash Rate Increase Shows Why Miners Are Loading Up On Bitcoin
As the Bitcoin halving fast approaches, miners are rushing to acquire as most coins as possible before the reward rate is slashed by half, in less than a month. It’s a conclusion reached after ... Read More
In May, âno one knows exactly what dayâ the BTC community will witness its third “Halving”. This event will reduce the amount of bitcoin that goes into circulation every 10 minutes fr... Read More
Mining15/12/19 01:00 by Nick Chong
What Miner Capitulation? Bitcoin Miners Confident in Price Prospects
If you have perused Bitcoin and Crypto Twitter at all over the past few weeks, youâve likely seen the term âminer capitulationâ mentioned again and again.
You see, over the past few months, the ... Read More
Mining15/12/19 00:00 by Nick Chong
What Miner Capitulation? Bitcoin Miners Confident in Price Prospects
If you have perused Bitcoin and Crypto Twitter at all over the past few weeks, youâve likely seen the term âminer capitulationâ mentioned again and again.
You see, over the past few months, the ... Read More
Mining12/12/19 21:30 by Jamie Redman
Mining Report Shows 65% of Bitcoinâs Hashpower Stems From China
As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare&rsqu... Read More
Mining12/12/19 14:30 by Christine Vasileva
Bitcoin Mining Experiences Worst Year in Half a Decade
Bitcoin miners held a stunning competition in 2019, lifting both the hashrate and difficulty to all-time highs. But it turns out for significant stretches, mining pools absorbed serious losses.
Bitco... Read More